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Thats true, but execs also outperform fund managers.

The gangs all here. Guru Focus tracks the 'gurus' through public disclosure documents. In a report that I read maybe five years ago, two types of information in particular can be relied apon for investing. First it found that mutual funds have only a 4% autocorrelation (that is they dont...

He did say that but I dont believe its true in Buffett's case (though I do believe its true in general). Buffett makes his money on inside information, he is one of those people who can get access to any ceo/cfo in the world and can glean information that none of us have. If he was only managing...

No one saw bust coming, says Buffett What to make of this, he may have said it to divert attention from Moodies failures, but it's true just the same, looking at Berkshire Hathaway's performance.